Property Prices Rise Modestly in September

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The recent downward trend in property prices was reversed during September with a modest year-on-year rise of 4.2%, new report shows. The latest figures show that this was the eight consecutive month of year-on-year rises below 5%, according to a report by leading property valuation firm Tinsa.

Mortgage Interest Rates fall to Lowest Ever Level

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Existing variable rate mortgage loan holders will see a reduction in their monthly repayments. The Euribor – the rate in which most Spanish mortgage interest is calculated – has plummeted to new lows over the past couple of months, making variable rate mortgages even more appealing for home owners.

Spanish housing market levels out but it’s not all bad news

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For years the Spanish housing market had been charactersied by rising house prices and increased demand for new properties. But the market is entering a more mature phase in its recovery and heading towards ‘normalization’ and ‘more sustainable growth rates’, says a report by Caixabank Research.